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Forex
Japanese Yen holds ground amid rising odds of a bumper Federal Reserve interest rate cut
The Japanese Yen receives support from the ongoing hawkish sentiment surrounding the Bank of Japan interest rates outlook.
Japan’s Shunichi Suzuki stated…
Australian Dollar recovers recent losses amid rising odds of a bumper Fed interest rate
The Australian Dollar received downward pressure from concerns over glooming China’s economy.
The Aussie Dollar’s downside could be restrained due to…
Gold price consolidates near all-time peak, looks to Fed before the next leg up
Gold price bulls turn cautious ahead of the crucial FOMC policy meeting starting this Tuesday.
The USD languishes near the YTD low amid bets for a 50 bps…
WTI extends the rally above $70.00 amid Hurricane Francine’s impact
WTI holds positive ground near $70.35 in Tuesday’s Asian session.
The impact of Hurricane Francine on oil output and firmer Fed rate cut bets support the…
USD/JPY remains on the defensive below 141.00 as bets firm on jumbo Fed rate cut
USD/JPY rebounds to near 140.80 in Tuesday’s early Asian session.
The US Fed is widely expected to cut interest rates at the conclusion of its meeting…
ECB’s Kazaks: Interest rates to be cut further but not too quickly
European Central Bank Governing Council member Martins Kazaks said on Monday that the central bank will ease monetary policy further, though it shouldn’t do so…
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Malaysia on Monday, according to data compiled by FXStreet.
The price for Gold stood at 357.12 Malaysian Ringgits (MYR) per…
Canadian Dollar softens on Monday with CPI data around the corner
The Canadian Dollar tilted into the red across the board on Monday.
Canada delivers its latest CPI inflation data this week.
A speech from BoC’s Macklem…
Dow Jones Industrial Average hits the gas on a Monday late break, climbs over 200 points
The Dow Jones cracked a fresh all-time high during Monday trading.
Despite the upside stretch, equities remain tepid overall.
Investors are buckling down…
US Dollar extends losses as Fed decision looms
US Dollar dealt bad hand as market considers higher initial Fed rate cut.
Market prices in high odds of a 50 bps cut at Wednesday's FOMC meeting.
Fed Dot…